Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.021%
Price spread now: Extended against GRVT−0.096%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$339as in the Price arb table
costs, in and out, $10k−$3303.297% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 3 days (all we have)−0.019%−$2 · spread now −0.096%, 7d avg −0.002%
=Together, before fees−0.071%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.095% cheaper against GRVT than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT W_USDT_Perp | 0.01177 | 0.0100 | pay 0.0050% / 4h | 1h 23m | $129K | $385K | 10x |
| Short | Extended W-USD | 0.01176 | 0.0104 | get 0.0013% / 1h | 23m 05s | $59K | $276K | 5x |
GRVT W_USDT_Perp
Extended W-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.096% → −0.002%
- −$9.47
- Slippage, 4 orders
- −$315.66
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$338.28
- Costs to cover
- 3.297%
- Break-even
- 2826.0 days
Slippage from GRVT: live order book, 59 min ago; Extended: live order book, 59 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 59 min ago | 8.50 bp | 70.7 bp −$71 | 237.6 bp −$2,376 | doesn't fit | doesn't fit |
| Sell Extended live order book, 59 min ago | 1.70 bp | 58.1 bp −$58 | 342.1 bp −$3,421 | doesn't fit | doesn't fit |
W on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0769% | 1h | 0.01176 | −0.044% | $17K | $1K | 10x | as long as short |
| OKX W-USDT-SWAP | −0.0083% | 4h | 0.01176 | −0.120% | $1.3M | $2.1M | 20x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.717% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01177 | −0.001% | $2.0M | $426K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01176 | −0.086% | $2.9M | $7.0M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01175 | −0.137% | $4.1M | $2.0M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01175 | −0.137% | $443K | $293K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01176 | −0.078% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01177 | −0.001% | $478K | $246K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01178 | +0.084% | $1.3M | $579K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
OKX W-USDT-SWAP
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01176 | −0.095% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01175 | −0.192% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perplong | +0.0100% | 4h | 0.01177 | long leg | $129K | $385K | 10x | |
| Extended W-USDshort | +0.0104% | 1h | 0.01176 | −0.096% | $59K | $276K | 5x | |
| Coinbase International W-PERP-INTX | +0.0240% | 1h | 0.01179 | +0.169% | $14K | $17K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0316% | 1h | 0.01178 | +0.084% | $44K | $47K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.0397% | 1h | 0.01179 | +0.144% | $146K | $184K | 20x | as long as short |
BingX W-USDT
Variational Omni W
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD